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News release

Los Angeles

Jones Lang LaSalle Completes North American HQ Relocation on behalf of Bugaboo International

Leading designer and manufacturer of mobility products moves North American operations from New York to El Segundo


LOS ANGELES, December 9, 2009 — Jones Lang LaSalle announced today that Bugaboo International, a Dutch company of mobility products for children, will be relocating from its former North American headquarters space in New York, and expanding to occupy a free-standing 10,000 square-foot building located at 1160 East Mariposa Avenue in El Segundo, California.
 
Jones Lang LaSalle Managing Director Gary Horwitz and Vice President Jason Fine in Los Angeles represented Bugaboo International in the five-year lease. Building owner LM Pacific Properties was represented by Bill Bloodgood of CB Richard Ellis.
 
“We are excited to establish our headquarters in Southern California and more specifically in El Segundo which is a terrific city to do business, offering a business and family-friendly environment in an ideally situated coastal city,” said Kari Boiler, President of Bugaboo Americas.
 
Currently undergoing a conversion to custom creative office use, the single-story building will also include store-front retail space offering Bugaboo’s high-end children’s mobility products. Managing the build-out on behalf of Bugaboo is Jones Lang LaSalle’s Project and Development Services Group Vice President Maria Naughton. Bugaboo previously had a small office in Hermosa Beach that was the impetus to establish its North American headquarters in El Segundo. Bugaboo is targeted to move into its new offices in January 2010.
 
“Bugaboo was seeking a well-located space in Los Angeles to establish its new North American headquarters. We found the ideal building located in a family-friendly community that aligned with Bugaboo’s exciting image and accommodated its growing operations,” said Horwitz.
 
A coastal community situated just south of Los Angeles International Airport, El Segundo features a historic pedestrian-friendly downtown, quiet residential neighbourhoods and a bustling eastside commercial district that caters to over 85,000 employees daily. El Segundo was designated the County’s “Most Business-Friendly City” in 2006.
 
About Bugaboo International
 
Bugaboo International is a Dutch design company that develops and produces mobility products. Bugaboo products are now available in almost 50 countries.  As of October 1, 2009 Bugaboo contributes 1% of their total revenue to the Global Fund to help fund AIDS programs in Africa with an emphasis on the health of women and children. The company is the first (RED) partner to contribute a percentage of all revenue across its entire product range.
 
For more information, visit bugaboo.com.
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $37 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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